Notably, the news report listed Belize among 10 nations that have remarkably high debt levels. Guyana?s debt-to-GDP ratio was listed at roughly 200%. ?Belize?s politicians are not the only Caribbean spendthrifts. In proportion to the size of their economies, all 14 of the independent countries in the Caribbean Community (CARICOM) are among the 30 most heavily indebted emerging-economy governments. Seven, including Belize, are in the top ten (see chart).?